The S&P/ASX 200 Index (ASX: XJO) crept higher on Wednesday despite energy shares weighing it down. The index lifted 0.31% to close at 6,800.1 points.
Meanwhile, the S&P/ASX 200 Energy Index (ASX: XEJ) dumped 0.5% as oil prices slumped lower again.
The Brent crude oil price slipped 1.7% to US$90.03 a barrel overnight while the US Nymex crude oil price fell 3.1% to US$82.82 a barrel.
On the greener side of the fence, however, the S&P/ASX 200 Utilities Index (ASX: XIJ) led the way, posting a 1% gain.
Consumer stocks also performed well, with the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) and the S&P/ASX 200 Consumer Staples Index (ASX: XCJ) gaining 0.9% and 0.5% respectively.
Finally, it was a bright day for many of the marketâs favourite mining shares, with the S&P/ASX 200 Materials Index (ASX: XMJ) rising 0.3%.
All in all, nine of the ASX 200âs 11 sectors closed higher on Wednesday. But which share outperformed all others? Keep reading to find out.
Top 10 ASX 200 shares countdown
Lithium shares reigned supreme on Wednesday, with the share price of Core Lithium Ltd (ASX: CXO) posting the biggest gain. It lifted 8% despite the companyâs silence.
Todayâs biggest gains were made by these shares:
| ASX-listed company | Share price | Price change |
| Core Lithium Ltd (ASX: CXO) | $1.38 | 8.24% |
| Pilbara Minerals Ltd (ASX: PLS) | $5.08 | 5.83% |
| Pendal Group Ltd (ASX: PDL) | $4.95 | 5.54% |
| Star Entertainment Group Ltd (ASX: SGR) | $2.87 | 5.51% |
| IGO Ltd (ASX: IGO) | $16.16 | 5.14% |
| Chalice Mining Ltd (ASX: CHN) | $4.17 | 5.04% |
| Allkem Ltd (ASX: AKE) | $15.35 | 4.99% |
| Costa Group Holdings Ltd (ASX: CGC) | $2.23 | 4.21% |
| Atlas Arteria Group (ASX: ALX) | $6.67 | 4.21% |
| Mineral Resources Limited (ASX: MIN) | $72.29 | 4.03% |
Our top 10 shares countdown is a recurring end-of-day summary to let you know which companies were making big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.
The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.
Wondering where you should invest $1,000 right now?
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.* Scott just revealed what he believes could be the “five best ASX stocks” for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now
See The 5 Stocks
*Returns as of September 1 2022
(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}
setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()
More reading
- Do you want the good news or the bad news on how stock market volatility is impacting your superannuation?
- Medibank share price halted ahead of new âcyber incidentâ update
- Top brokers name 3 ASX shares to buy today
- Here are the 3 most heavily traded ASX 200 shares on Wednesday
- Why Chalice Mining, Core Lithium, Corporate Travel Management, and NIB are rising
Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended COSTA GRP FPO. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
from The Motley Fool Australia https://ift.tt/9QgRiSe
Leave a Reply